Question - Janson Corporation Co.'s trial balance included the following account balances at December 31, 2011:
Accounts payable
|
$25,000
|
Bond payable, due 2020
|
22,000
|
Salaries payable
|
16,000
|
Note payable, due 2012
|
20,000
|
Note payable, due 2016
|
40,000
|
What amount should be included in the current liability section of Janson's December 31, 2011 balance sheet?
$63,000
$41,000
$61,000
$101,000